Tetra Technologies Company Profile (NYSE:TTI)

TETRA Technologies, Inc. is an oil and gas services company. The Company focuses on completion fluids and associated products and services, water management, production well testing, offshore rig cooling, compression services and equipment, and offshore services, such as decommissioning and diving. It is composed of five segments organized into four divisions: Fluids, Production Testing, Compression and Offshore. The Fluids division manufactures and markets clear brine fluids, additives and associated products and services to the oil and gas industry. Its Production Testing division provides frac flowback services, production well testing services, offshore rig cooling and other associated services in various oil and gas producing regions. The Compression division provides compression services and equipment for natural gas and oil production, gathering, transportation, processing and storage. The Offshore division consists of two operating segments: Offshore Services and Maritech.

What is Tetra Technologies' stock symbol?

Tetra Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "TTI."

How were Tetra Technologies' earnings last quarter?

Tetra Technologies, Inc. (NYSE:TTI) released its quarterly earnings results on Wednesday, August, 9th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by $0.03. The company had revenue of $208.37 million for the quarter, compared to the consensus estimate of $204.19 million. Tetra Technologies had a negative return on equity of 9.56% and a negative net margin of 8.27%. The business's revenue was up 18.6% compared to the same quarter last year. During the same quarter last year, the company posted ($0.15) EPS. View Tetra Technologies' Earnings History.

When will Tetra Technologies make its next earnings announcement?

Where is Tetra Technologies' stock going? Where will Tetra Technologies' stock price be in 2017?

12 brokers have issued 12-month target prices for Tetra Technologies' stock. Their forecasts range from $3.25 to $8.00. On average, they anticipate Tetra Technologies' share price to reach $5.82 in the next year. View Analyst Ratings for Tetra Technologies.

What are analysts saying about Tetra Technologies stock?

Here are some recent quotes from research analysts about Tetra Technologies stock:

1. According to Zacks Investment Research, "TETRA Technologies, Inc. is an energy services company with an integrated chemicals operation that supplies chemical products to energy markets, as well as other markets. TETRA is comprised of three divisions - Fluids, Well Abandonment/Decommissioning and Testing & Services. " (8/12/2017)

2. Simmons analysts commented, "Similar to most of SMID, TTI is down YTD. And the stock took another dip lower after Q4 earnings came in below expectations. After refreshing our estimates, TTI still trades at one of the lowest multiples of any name in our coverage universe (6.3x 2018E EBITDA and 5.0x 2019E EBITDA); we believe the depressed multiple and lackluster stock performance is largely a function of (i) recent operational inconsistency relative to expectations and (ii) a confusing business model which is burdened by disparate business units with seemingly few synergies. Notwithstanding these items, we maintain our Overweight rating due to TTI's cheap valuation relative to our price target, but this is a less than enthusiastic endorsement given recent earnings shortfalls." (3/14/2017)

Who sold Tetra Technologies stock? Who is selling Tetra Technologies stock?

Tetra Technologies' stock was sold by a variety of institutional investors in the last quarter, including Thrivent Financial For Lutherans, Schwab Charles Investment Management Inc., Nationwide Fund Advisors, State Street Corp, Neuberger Berman Group LLC, Citadel Advisors LLC, Bank of Montreal Can and Stoneridge Investment Partners LLC. Company insiders that have sold Tetra Technologies stock in the last year include Elisabeth K Evans, Keith L Schilling and Peter J Pintar. View Insider Buying and Selling for Tetra Technologies.

MarketBeat's community ratings are surveys of what our community members think about Tetra Technologies and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.

MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.